Indianola, Nebraska Electric Utilty

About Indianola, Nebraska Electric Utilty

Indianola, Nebraska Electric Utilty is a municipally owned organization serving Indianola, Nebraska and rural areas of Red Willow County. There are 335 residential customer accounts and 40 commercial customer accounts who are served by the company. On average, Indianola, Nebraska Electric Utilty's customers purchase residential electricity for 14.13 cents per kilowatt hour, which is 12.86% below the nationwide average rate of 16.22 cents. This ranks the provider 1577th out of 2885 suppliers in the nation for lowest average electricity rate. There were a total of 4,547 megawatt hours sold through retail sales in 2019 by the company. Of the megawatt hours they sourced, 4,547 megawatt hours were obtained by way of the wholesale electricity market. The company made $538,100 in total revenue from electricity-related activities in 2019 through sales to retail end-users alone.

The Nebraska average monthly residential electricity bill is $116.69, while the Indianola, Nebraska Electric Utilty average is 19.34% less at $88.96 per month. This is the 9th lowest average monthly bill amount for a supplier in the state. The supplier does not have ownership in any power facilities and all of the megawatt hours that they sell to their consumers must be purchased from other suppliers.